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Jet Airways: the rival carrier Sahara Airlines acquired

Mumbai, India - The Indian airline controls nearly 50% of the domestic market after this operation

The private airline, Jet Airways, specialized in domestic flights of Indian sub-continent, is on the point of to acquire, for USD 500m, Sahara Airlines, other Indian private air company. Once obtained the necessary authorization by local aeronautical authorities, Jet Airways will arrive to control nearly 50% of the domestic market. Jet Airways, founded by Anglo-Indian Naresh Goyal, has 42 aircraft,...

fra/pec - 134789

AVIONEWS - World Aeronautical Press Agency
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